On September 16, the City will provide Council with our latest operating and capital financial updates, which analyze second-quarter results (current to June 30, 2025). These regular updates are one of the ways we keep Council and Edmontonians informed about our finances and capital projects.
Second quarter year-to-date results show an operating surplus of $15.8 million, with a projected year-end tax-supported deficit of $7.6 million. This forecast deficit is equivalent to 0.2% of the $3.2 billion tax-supported operating budget for 2025. We are reviewing spending across the organization and reducing spending wherever possible to help end the year on budget.
As of June 30, 2025, 84.3% of the City’s capital projects (bridges, parks, recreation centres, roads etc.) are reporting within budget and 97.2% of capital projects are on schedule. For more information on the delivery of construction projects, visit City-run Projects and Plans.